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10 You buy a savings bond for $500. Every year, the value increases by 5 percent. What would the savings bond be worth after 3 years?
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5 votes
10

You buy a savings bond for $500.
Every year, the value increases by 5 percent.
What would the savings bond be worth after 3 years?

User SKJ
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1 Answer

5 votes
$575 is the savings bond because 5% off 500 is 25 so multiply 3 x 25 which is 75 abs add 500
User Ykesh
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